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Still on Fonterra, the co-op is reportedly spending $20 million a year on its much-heralded Milk for Schools scheme.
Should farmers still be forking out money to feed children when the payout has hit rock bottom? After all, it’s the Government’s and parents’ responsibility to ensure kids are fed properly.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
The world’s largest milk company Lactalis has won the bid for Fonterra’s global consumer and associated businesses.
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
OPINION: There is zero chance that someone who joined Fonterra as a lobbyist, then served as a general manager of Fonterra's nutrient management programme, and sat on the board of Export NZ, a division of lobbyist group Business New Zealand, doesn't understand that local butter (and milk and cheese) prices are set by the international commodity price.
The Commerce Commission has announced that it has filed proceedings against Westpac New Zealand.
Ia Ara Aotearoa Transporting New Zealand says it backs calls for a review on farm transport rules.
A farm owner and two former Waikato contract milkers were recently fined $27,000 over a lack of feed for 230 cattle and a lack of treatment for cows suffering from milk fever.
Scales Corporation has today reported its results for the first half of the 2025 financial year, revealing what it says are outstanding results from its horticulture and logistics divisions.
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
OPINION: Milking It reckons if you're National, looking at recent polls, the dream scenario is that the elusive economic recovery…
OPINION: Sydney has a $12 million milk disposal problem.
